For individuals and businesses alike in Mexico, staying informed about the dollar to Mexican Peso exchange rate is crucial for financial planning and transactions. As of Monday, February 24, 2025, the average exchange rate stands at 1 US Dollar = 20.3463 Mexican Pesos. This figure reflects a slight increase of 0.0416 or 0.2% compared to the previous day, indicating a minor fluctuation in the market.
Understanding the nuances of the exchange rate involves looking at both the buying and selling rates. Today, the average buy rate is 19.9505 MXN per dollar, while the average sell rate is 20.7421 MXN per dollar. These rates are derived from various financial institutions across Mexico, each offering slightly different values based on their operational costs and market strategies.
To provide a comprehensive overview, here’s a comparison table showcasing the dollar to Mexican Peso exchange rates offered by different banks and government entities in Mexico today:
| Entity | Buy Rate (MXN) | Sell Rate (MXN) |
|---|---|---|
| Afirme | 19.50 | 21.10 |
| Banco Azteca | 19.50 | 20.74 |
| Banco de México, FIX | – | 20.464 |
| Banco de México, Interbank 48 hrs (Opening – Friday) | 20.311 | 20.318 |
| Banco de México, Interbank 48 hrs (Maximum – Friday) | 20.427 | – |
| Banco de México, Interbank 48 hrs (Minimum – Friday) | 20.307 | – |
| Bank of America | 19.3424 | 21.5983 |
| Banorte | 19.20 | 20.75 |
| BBVA Bancomer | 19.60 | 20.74 |
| Citibanamex | 19.79 | 20.97 |
| DOF (Official Gazette of the Federation) | – | 20.3448 |
| Grupo Financiero Multiva | – | 20.47 |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.9592 | 20.9697 |
| Monex | 19.43 | 21.48 |
| For Obligations Payments | – | 20.3733 |
| SAT (Tax Administration Service) | – | 20.3448 |
| Ve por mas | 19.8456 | 21.0606 |
| Average | 19.9505 | 20.7421 |
| Average Rate | 20.3463 | – |
Analyzing the trends, the Dollar to Peso exchange rate has shown minor fluctuations over different periods. Compared to last week, there’s a slight increase of 0.04 or 0.2%. Looking back a month, the rate has decreased by -0.20 or -1%. Over the quarter and the year to date, the decrease is -0.30 or -1.45% from December 31, 2024. Examining longer-term trends, since President Biden’s inauguration, the rate has increased by 0.73 or 3.71%, and since President AMLO took office, it has risen by 0.26 or 1.27%.
In related economic news impacting the currency market, recent headlines from El Financiero highlight market sensitivities. “Wall Street ‘gets nervous’ about Nvidia results this week,” indicating market anticipation and potential volatility based on tech sector performance. Another headline, “Volaris ‘takes off’ despite turbulence,” points to positive company-specific financial results within the Mexican economy, showcasing mixed economic signals. Additionally, “Kathia Ramos: Perspectives on the economy and international trade,” suggests ongoing expert analysis and evolving economic growth forecasts for 2025. These factors, among others, can influence the dynamics of the Dollar to Peso exchange rate.
In conclusion, the Dollar to Mexican Peso exchange rate is subject to daily and ongoing market influences. Today’s average rate is 20.3463 MXN per USD. It’s advisable to monitor these rates closely if you are involved in currency transactions or financial activities in Mexico. For the most current and specific rates, always refer directly to your bank or financial institution. This report is updated with public information approximately every 7 minutes as a reference point.
